Buyout bid for Paramount

[AZ.]

Of course the Network Walkman predated the iPod, but which do you remember?

Both vividly. and years apart from each other

 

[lakebum431]

Read more, $10 Billion of that goes towards the debt Paramount is holding, so then the offer is, roughly, about $6 Billion over Market Cap ( currently $9.66 Billion).

The analysts I have read, all predict this will not happen, no government approval due to possibility, foreign ownership (Sony), loss of jobs, etc.

You are spot on with the mix of the offer (the debt/equity). However, I don't think it would fail government approval. Especially with a change in the White House in the Fall.

 

[navychop]

Careful, careful.

 

[David Ortiz]

Both vividly. and years apart from each other

My point was that Sony had a 2 year lead and failed to capture the market like Apple did.

 

[Juan]

My point was that Sony had a 2 year lead and failed to capture the market like Apple did.

Sony was too early...high speed internet wasn't widely available to 2000 or so

 

[David Ortiz]

Sony was too early...high speed internet wasn't widely available to 2000 or so

But people were ripping music like crazy before high speed internet was widely available.

 

[Bruce]

Sony was too early...high speed internet wasn't widely available to 2000 or so

Playstation Vue started in 2015, at that time, more then 80% of households had access to broadband.

YTTV started just 2 years later.

 

[AZ.]

But people were ripping music like crazy before high speed internet was widely available.

Yes they were, but it wasnt fast, took hours and movies took way longer....